Hooker Furniture Corp HOFT Cash Flow

Hooker furniture corp (HOFT)

CashFlow / Quarterly

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Oct'18	Oct'18	Jul'18	Jul'18	Apr'18	Apr'18	Jan'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10	Apr'10
Operating Activities:
Net income
7,016	3,920	4,160	1,987	14,692	-	9,331	-	8,696	7,154	7,154	-	8,524	7,202	7,778	4,746	-	10,979	6,460	5,348	2,500	4,145	4,630	3,938	3,472	4,298	3,204	2,272	2,804	1,999	2,116	1,688	2,126	3,698	2,434	1,474	1,020	628	2,260	1,646	523	-182	1,170	1,178	1,074
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
1,840	1,789	1,755	1,716	1,884	-	1,869	-	1,861	1,828	1,828	-	2,248	1,702	1,338	1,359	-	1,660	1,592	1,963	2,785	864	743	719	620	672	668	646	613	673	632	602	584	318	773	880	595	640	671	623	632	594	754	752	748
(Gain)/Loss on disposal of assets
0	-14	11	274	7	-	18	-	29	19	19	-	-608	-6	23	20	-	12	24	21	15	-42	0	0	-41	-14	0	3	34	-	-	1	8	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax expense (benefit)
479	-694	-189	2,344	-1,475	-	-494	-	-890	1,638	1,638	-	2,375	501	-1,054	2,288	-	-457	108	-599	-1,276	198	-408	-72	826	-409	-225	146	353	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax expense (benefit)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-236	-90	-5	-	-127	382	5	-51	362	-34	-312	-1,127	42	-628	-159
Non-cash restricted stock and performance awards
405	333	95	463	365	-	371	-	205	343	343	-	0	224	305	646	-	230	95	203	629	263	251	158	157	-282	133	137	135	-162	167	104	229	165	140	102	58	32	31	22	-123	167	24	19	15
Restructuring charge
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-129	-	-	-	-
Loss on disposal of property
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	111	-6	3	-	-	-	-
Provision for doubtful accounts and sales allowances
-1,800	312	191	862	893	-	-907	-	1,205	-1,990	-1,990	-	-656	-48	160	13	-	2,356	338	-522	16	27	148	-978	698	200	634	-31	125	647	-224	-42	75	148	-74	-173	160	191	-535	518	187	279	295	429	-329
Cash received from customers
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	51,099	50,462	53,631	-	54,291	58,327	56,963	57,461	54,342	49,620	52,427
Cash paid to suppliers and employees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	249,081	-53,165	-42,548	-	49,441	45,329	51,595	-58,616	-61,311	-56,681	-50,378
Insurance proceeds received on casualty loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	358	850	500
Income tax recoverable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	55	178	-	-3,874	1,857	-294	1,630	536	5,483	-2,115	2,001	887	27	-14	908	964	319	-204	-	-	-	-
Gain on disposal of property
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	26	13	-	-	-	-	-	-	-	-
Gain on life insurance policies
116	91	69	555	140	-	104	-	-4	508	508	-	129	-25	328	150	-	299	124	360	181	124	116	386	173	123	109	351	126	-333	29	316	135	135	85	334	126	-	-	-	-	-	-	-	-
Changes in assets and liabilities:
Trade accounts receivable
-6,750	6,617	8,245	-33,451	27,018	-	1,806	-	9,769	-20,611	-20,611	-	13,271	855	6,076	-23,110	-	20,362	10,183	3,475	-13,553	-2,452	2,259	-2,757	-1,224	2,560	5,295	-5,204	1,129	3,494	87	-243	-1,762	-1,036	1,453	419	1,690	-406	-545	-2,202	1,651	460	-1,360	-3,386	1,835
Inventories
-10,802	-9,978	2,828	5,561	4,461	-	2,278	-	14,263	321	321	-	909	-865	2,591	4,141	-	581	-2,139	-809	-3,649	1,694	-5,000	3,063	-1,017	-2,459	2,838	1,007	-5,429	21	501	1,988	-3,366	11,018	6,402	-5,296	3,612	-8,801	829	-7,333	-7,997	-1,815	-8,668	-8,414	-2,365
Income tax recoverable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-36	36	-682	-	-	515	0	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses and other current assets
-81	-2,553	5	3,186	-751	-	-188	-	482	190	190	-	231	1,021	511	-696	-	-191	415	226	-335	-62	683	-221	-193	-536	1,230	-381	-237	16	875	-89	-832	-12	-934	324	450	-186	403	-997	330	764	-157	-762	-30
Trade accounts payable
-1,893	-4,398	-893	-8,165	2,564	-	1,285	-	2,239	2,042	2,042	-	-1,094	5,754	-2,386	-6,897	-	4,981	2,155	3,141	-5,615	941	-1,918	1,573	-1,869	968	617	15	1,616	-5,150	1,470	2,057	-2,876	2,216	-3,256	-755	4,182	-1,920	1,767	-1,243	-1,156	-2,479	590	2,970	279
Accrued salaries, wages and benefits
-517	303	410	-3,266	-1,159	-	1,320	-	1,201	-3,005	-3,005	-	668	1,020	2,579	-4,138	-	2,282	1,119	791	-2,242	226	805	736	-1,494	733	797	490	-673	410	-5	469	-712	-269	1,264	-335	-1,199	470	407	341	-789	724	-366	228	381
Accrued income taxes
0	0	-1,292	-1,867	1,740	-	1,307	-	-3,908	189	189	-	3,711	-952	-3,394	23	-	-	-	-	-	-783	1,140	0	-1,368	883	1,167	-142	142	-232	232	283	-1,034	-192	590	513	533	-684	-763	590	794	-883	-256	-573	576
Customer deposits
-9,678	7,531	-642	3,117	89	-	-2,157	-	411	-	387	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease liabilities
-237	349	354	-167	0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-890	1,656	376	-	-	-	-	-	135	-92	-78	-	-	104	-267	-	-	-	-	-	-	-	-	-	-	-	-
Customer deposits
-	-	-	-	-	-	-	620	-	387	-	-	-	-	-132	520	-2,298	-	2,181	1,653	651	-114	107	-107	58	129	125	166	-226	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other accrued expenses
295	-683	1,697	-664	101	-	-199	-	278	424	424	-	-442	-567	731	-418	-	-106	3,789	-741	-639	-316	-3	-52	154	-101	86	-24	77	286	-249	-79	11	-52	133	70	100	-45	209	-113	-260	331	3	-100	59
Deferred compensation
-205	11	94	51	-504	-	-2,295	-	85	-43	-43	-	-716	-80	-337	-18	-	-450	-1,214	-26	-25	-81	147	146	146	181	81	21	34	-51	47	47	45	-37	56	67	-6	-196	123	53	215	-203	79	431	193
Other long-term liabilities
0	0	0	0	19	-	41	-	42	39	39	-	66	60	-16	223	-	77	38	46	-40	12	13	12	15	17	18	3	20	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Interest (paid)/received, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	3	-23	-	-	-	-
Interest received / (paid), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6	-9	-45
Net cash provided by operating activities
14,819	15,598	-9,274	20,286	-11,257	-	5,454	-	-13,114	28,579	28,579	-	2,681	11,180	-3,957	17,842	-	-25	7,164	9,640	14,461	6,154	7,862	5,481	3,539	6,968	-1,996	7,795	10,001	-4,091	3,139	2,655	3,993	-4,229	-7,477	-2,688	11,061	10,122	3,883	12,676	5,595	-2,039	-7,841	-7,856	2,277
Investing Activities:
Acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	86,062	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of property, plant and equipment
384	1,086	2,132	1,527	2,750	-	1,631	-	463	370	370	-	458	1,043	798	867	-	549	745	457	703	670	864	885	428	534	461	991	1,008	863	882	846	880	211	915	724	2,211	1,362	572	902	969	1,322	306	184	198
Proceeds received on notes receivable
-16	6	10	1,449	20	-	29	-	40	30	30	-	22	35	33	30	-	30	20	70	26	70	13	3	7	7	8	5	11	6	2	14	14	13	6	9	9	9	9	11	6	-	-	-	-
Proceeds from sale of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	0	4	65	-9	0	23	8	-100	-195	568	30	0	122	0	3	-	-	-	5
Premiums paid on life insurance policies
32	69	332	157	32	-	91	-	374	155	155	-	34	89	387	163	-	33	88	420	174	31	87	421	168	31	88	480	190	32	87	525	190	32	87	596	187	32	92	833	187	-	-	-	-
Proceeds received on life insurance policies
0	0	0	0	0	-	0	-	126	1,099	1,099	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds received on life insurance policies
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	0	0	516	-	-	-	-	-	-	-	-	622	0	1,357	-255
Net cash used in investing activities
-416	-1,149	-2,454	-235	-2,751	-	-1,693	-	-671	604	604	-	-584	-33,747	-1,152	-1,000	-	-436	-549	-163	-86,913	-625	-938	-1,303	-589	-556	-541	-1,462	-1,122	-897	-1,092	-1,334	-532	-330	-1,191	-743	-2,359	-1,385	-533	-1,164	-1,147	-719	-425	-9	-448
Financing Activities:
Proceeds from long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	60,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments for long-term debt
-	-	-	-	2,238	1,893	-	1,893	-	11,893	-	-	1,892	1,464	1,465	1,464	-	1,465	1,464	1,564	7,797	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance cost
-4,393	1,465	1,464	1,464	-15,679	-	1,893	-	1,893	-	11,893	-	-	-	-	-	-	0	0	0	165	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends paid
1,895	1,775	1,773	1,768	1,768	-	1,650	-	1,649	1,647	1,647	-	1,647	1,391	1,390	1,388	-	1,388	1,156	1,156	1,154	1,081	1,081	1,081	1,079	1,077	1,078	1,076	1,075	1,076	1,075	1,075	1,075	2,151	1,076	1,080	1,079	1,080	1,079	1,078	1,078	-	-	-	-
Cash dividends paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,078	1,078	1,077
Net cash used in financing activities
-2,870	-3,240	-3,237	-3,232	-4,006	-	-3,543	-	-3,542	-13,540	-13,540	-	-3,539	9,106	-2,855	-2,852	-	-2,853	-2,620	-2,720	50,884	-1,081	-1,081	-1,081	-1,079	-1,077	-1,078	-1,076	-1,075	-1,076	-1,075	-1,075	-1,075	-2,151	-1,605	-1,222	-1,079	-1,080	-1,079	-1,078	-1,078	-1,079	-1,078	-1,078	-1,077
Net increase/(decrease) in cash and cash equivalents
-	-	-14,965	16,819	-	218	-	-	-17,327	15,643	15,643	-1,442	-	-13,461	-7,964	13,990	-	-3,314	3,995	6,757	-21,568	4,448	5,843	3,097	1,871	5,335	-3,615	5,257	7,804	-6,064	972	246	2,386	-6,710	-10,273	-4,653	7,623	7,657	2,271	10,434	3,370	-3,837	-9,344	-8,943	752
Net cash provided by operating activties
14,819	15,598	-9,274	20,286	-11,257	-	5,454	-	-13,114	28,579	28,579	-	2,681	11,180	-3,957	17,842	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-7,477	-2,688	11,061	-	3,883	12,676	5,595	-2,039	-7,841	-7,856	2,277
Supplemental schedule of cash flow information:
Interest paid, net
141	253	270	329	365	-	341	-	308	324	324	-	381	265	246	243	-	301	156	227	164	2	12	20	9	-	-	-	-	-	-	-	-	-	48	-12	-8	-	-	-	-	-	-	-	-
Income taxes paid, net
64	132	6,584	38	3,952	-	1,962	-	7,676	23	23	-	19	5,398	8,682	23	-	3,804	4,240	1,812	2,308	3,058	1,091	2,077	2,611	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,224	-1,636	-227
Supplemental schedule of noncash investing activities:
Acquisition cost paid in common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	20,267	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in property and equipment through accrued purchases
-20	-24	-694	743	-81	-	84	-	-146	166	166	-	32	-24	1	49	-	-22	-32	10	44	67	-33	51	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-